The presidential candidate of the Young Progressives Party, Peter Agada, has criticised the Federal Government’s 90-day action plan to ease the cost of living, describing it as a vote-buying strategy ahead of the 2027 general elections.
Agada said the initiative, recently approved by the National Economic Council and announced by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, would fail to address the economic hardship facing Nigerians.
Speaking in Abuja on Saturday, the YPP candidate argued that the plan, like previous interventions by the All Progressives Congress-led administration, was disconnected from the economic realities confronting citizens.
He proposed his LabourDirect ward-to-ward development strategy as an alternative, claiming it could empower Nigerians with N40 million monthly per ward.
According to him, the initiative could reach Nigerians within 60 days of implementation.“LabourDirect can capture all Nigerians within 60 days of implementation.
We said 60 days; about 20 days are gone before the elections,” he said.The presidential candidate expressed doubts about the effectiveness of previous government interventions, including subsidy measures announced about two weeks earlier, which he said had yet to produce visible results.
He aligned himself with critics who believe the government’s economic management team had failed to deliver the expected results.
Agada also questioned the implementation of several financial commitments announced by the Federal Government in 2023, including N75bn for manufacturing, N75bn for micro, small and medium enterprises, N50bn in conditional grants and N200bn for cultivating 500 hectares of farmland.
He further cited proposed support for rice farmers, grain distribution and a N100bn allocation for compressed natural gas initiatives, arguing that the government had not demonstrated sufficient results from the interventions.
